Belgium: Lotus Bakeries commits to €500 million global expansion programme
Lotus Bakeries, the Belgian biscuit manufacturer, has committed to investing at least €500 million ($548 million) across three continents between 2026 and 2030 in its largest-ever capital expenditure programme for the Biscoff brand. The multi-year investment strategy will deliver gradual capacity increases aligned with expected demand to support the brand’s long-term ambition to become the […]
Belgium: Lotus Bakeries expands Lembeke site
Lotus Bakeries, the Belgian confectionery manufacturer, has broken ground on a major expansion project at its headquarters in Lembeke. The company is constructing a fourth production hall dedicated entirely to its Biscoff brand to meet rising global demand. According to reports, the new facility will house an additional two Biscoff biscuit production lines, with the […]
USA: Lotus Bakeries partners with Froneri on ice cream launches
Belgian biscuit and cake manufacturer Lotus Bakeries has announced a licensing agreement with ice cream specialist Froneri to accelerate the growth of its Lotus Biscoff brand in the US ice cream market. The partnership is set to operate as a sub-licence under an agreement reached between Mondelez International and Lotus Bakeries in 2024 covering Biscoff cookie production in India […]
India: Mondelez International and Lotus Bakeries form partnership
Global snacking and confectionery giant Mondelez International has announced it has partnered with Lotus Bakeries to expand its presence in India and to develop new chocolate products. In a press release, Mondelez International said the joint venture would allow it to manufacture, distribute and market Lotus cookies in India, as well as create new co-branded […]
Thailand: Lotus Bakeries to open new Biscoff plant
Belgian biscuit and cake manufacturer Lotus Bakeries has announced an expansion in Thailand, with a new manufacturing plant for the Biscoff brand. According to the company, the plant is intended to increase capacity in the Asia region, as well as improve response times to local trends and reduce transport costs. Thailand was chosen due to […]
UK: Lotus Bakeries acquires Peter’s Yard
Lotus Bakeries announced the complete acquisition of UK based Peter’s Yard artisanal sourdough business. Peter’s Yard produces a wide range of healthy crackers, crispbreads and flatbreads, and sourdough bites. Lotus Bakeries is well-known for the natural snack category and brands like Lotus, Kiddylicious, BEAR snacks, among others. Lotus Bakeries has been an investor in Peter’s […]
Belgium: Lotus Bakeries to buy Kiddylicious
Belgian biscuit and cake manufacturer Lotus Bakeries has announced the purchase of baby and toddler food business Kiddylicious for a price in the region of £42 million ($55 million). The sale price is described as being about twice Kiddylicious’ forecast sales for 2018. Based in southern England, Kiddylicious was set up in 2009 and last […]
Belgium: Lotus Bakeries looking to build factory in the US
Biscuit and cakes manufacturer Lotus Bakeries has announced that it is looking to establish a factory in the USA in order to meet rising demand for its products in the country. Announcing the project in a press release, the Belgian firm said that it was considering Mebane, NC as the location for its new facility, with conversations already […]
UK: Urban Fresh Food bought by Lotus Bakeries
Bakery company Lotus Bakeries has acquired British snack maker Urban Fresh Food, the producer of the Bear brand, in a deal reported to be worth £70 million ($104 million). The deal marks the Belgian firm’s second acquisition of a British food firm in 2015, with the company having bought Natural Balance Foods in August. Bear, […]
South Korea: Lotus Korea integrated into Lotus Bakeries Group
Lotus Korea, a distribution company which imports Belgian Lotus caramelized biscuits and the US Hershey brand of chocolates, has been acquired by Lotus Bakeries Group. Through the agreement, Lotus Bakeries now owns 100% of the shares in Lotus Korea, valued at 22 billion won (US$20 million). Jan Boone, CEO of the group, said “Lotus Bakeries […]